As of September 30, 2022
| Portfolio Snapshot | |
|---|---|
| Total Investment1 | $2.2B |
| Number of Investments1 | 61 |
| Number of Properties1 | 343 |
| Geographical Location | 28 U.S. States & the United Kingdom |
| Proceeds Raised | $2.0B |
| Investment Type | Number of Investments1 | Number of Properties1 | Amount1 |
|---|---|---|---|
| Equity | Direct Investments | 56 | 56 | $1.4B |
| Equity | Unconsolidated Investments | 52 | 287 | $0.74B |
Investment Type: Equity | Direct Investments
Number of Investments: 56
Number of Properties: 56
Amount $1.4B
Investment Type: Equity | Unconsolidated Investments
Number of Investments: 52
Number of Properties: 287
Amount $0.74B
Facility Type
Geographic Location
| Investment | # of Properties1 | Date | Facility Type3 | Location | Amount1 | |
|---|---|---|---|---|---|---|
|
Equity | Direct Investments | Winterfell | 32 | May 2015/ Mar 2016 | ILF | 12 States | $905.0MM |
| Rochester4 | 10 | Aug 2017 | ILF ALF | Rochester, NY | $219.5MM | |
| Arbors | 4 | Sep 2014 | ALF | Long Island, NY | $126.8MM | |
| Avamere | 5 | Feb 2017 | ILF ALF | Oregon & Washington | $99.4MM | |
| Watermark Aqua4 | 4 | Various | ILF ALF | Texas & Ohio | $77.5MM | |
| Oak Cottage | 1 | Feb 2017 | MCF | Santa Barbara, CA | $19.4MM |
| Investment | Joint Venture Partner(s) | # of Properties1 | Date | Facility Type 3 | Location | Ownership | Amount1 | |
|---|---|---|---|---|---|---|---|---|
|
Equity | Unconsolidated Investments | Diversified US/UK5 | NRF HoldCo, LLC & Partner | 138 | Dec 2014 | ALF SNF Hospital | 17 States & 46 Properties in UK | 14.3% | $261.2MM |
| Trilogy6 | American Healthcare REIT, Inc. | 98 | Dec 2015 | SNF ALF | 4 States | 23.2% | $440.9MM | |
| Eclipse | Formation Capital, NRF HoldCo,LLC & Partner | 51 | May 2014 | ALF SNF | 11 States | 5.6% | $37.3MM | |
| Espresso7 | Formation Capital & Safanad | - | Jul 2015 | SNF ALF | 3 States | 36.7% | - |
ALF: Assisted Living | CCRC: Continuing Care Retirement Communities | ILF: Independent Living | MCF: Memory Care | MOB: Medical Office Building | SNF: Skilled Nursing
NorthStar Healthcare owns the properties pictured. 1) Does not include properties held for sale. Based on cost for real estate equity investments, which includes purchase price allocations related to net intangibles, deferred costs, other assets, if any, and adjusted for subsequent capital expenditures. May exclude other costs and expenses, including pre-funded capital expenditures, adjustments for working capital and other items relating to the closing of the investment. Includes NorthStar Healthcare’s proportionate share of assets acquired through unconsolidated joint ventures. 2) Includes investment in Solstice Senior Living, LLC, or Solstice. 3) Classification based on predominant type of services provided at each property, but may include other services. 4) Owned jointly by NorthStar Healthcare and Freshwater for 97% and 3% interests, respectively. 5) The joint venture classified the 106 properties within the MOB portfolio and two hospitals as held for sale as of September 30, 2022. 6) As a result of the joint venture pursuing dispositions of its various sub-portfolios, the remaining 62 properties have been classified as held for sale as of June 30, 2022. 7) As a result of the joint venture pursuing dispositions of its various sub-portfolios, the remaining 62 properties are excluded from the property count as of September 30, 2022.